News & Insights

By: Gary Loew   Theft is as old as time. There have been documented instances of people taking things that were not theirs for as long as there have been […]

With concerns about inflation in the news for months now, most business owners are keeping a close eye on costs. Although it can be difficult to control costs related to […]

  GASB 96 (Governmental Accounting Standards Board Statement No. 96) provides guidance for governmental entities’ accounting and financial reporting of subscription-based IT arrangements (SBITAs).  Subscription-based information technology arrangements (SBITAs) are […]

The State School Aid Act was recently amended to include one-time distributions under section 147c(2) to participating districts of the Michigan Public Schools Employees Retirement System. These additional payments will […]

The Governmental Accounting Standards Board (GASB) Statement No. 96, subscription-based IT arrangements (SBITAs) is effective for the District’s 2023 year-end. This Statement’s objective is to require recognition of certain lease […]